The November gas contract fell a few cents Friday, closing in the mid-$3-teens per million Btu but was up 4.5% for the week

摘要

A three-day rally that had added 7.4% hit a wall when a larger-than-expected storage build that finally exceeded the five-year average was reported Thursday. 'Beyond the storage picture, forecasts hinting that a significant, cold winter could be on the table have begun seeping into the market’s consciousness and renewed separate concerns about tight balances in the coming months,' Gelber & Associates analyst Daniel Myers said. 'Even with this potential, this week’s rally may have gotten ahead of itself by reacting to these concerns rather than concrete factors.'